It faces a mountain of opposition to overcome—all while dealing with rising net charge-offs and other consumer financial health concerns
Demand for this feature may be limited due to cash-flow concerns and overall crypto risks
The payments giant wants to convert more cash and check payments, ACH and electronic transactions, and global card transactions
The latest move in the neverending swipe fee fight focuses on foreign interference in the US market
It’s faced a rocky start to 2024, but the issuer expects bad debt will turn around in the second half of the year
Payment processing provider Tabapay will acquire Synapse after the fintech failed to retain key partners.
This could be a large setback for Affirm and may be a sign the retail giant wants to bring its other financial products in-house
The tie-ups highlight viable paths for growing open banking-powered payments in the US, including B2B and P2P payments
The BNPL’s push into AI to replace labor costs may have contributed to the fire sale
Regional banks are holding out for lower interest rates to spur loan demand and alleviate deposit costs.
We look at the tailwinds that pushed Amex ahead—and one potential headwind coming its way.
Consumers’ love-hate relationship with social media puts banks’ image at risk.
The tech helps marketers and creators generate more relevant and diverse content, but it has to align with companywide strategies.
The card’s flexible payment options can help it gain traction, but it will have to overcome its limited rewards program